FCA appoints head of investment banking

The FCA has appointed Julia Hoggett from Bank of America Merrill Lynch to its supervision division as head of investment banking.

Hoggett is currently managing director at Bank of America Merrill Lynch, responsible for a range of debt capital markets products, and will take up her new role in early May.

She will report into FCA director of wholesale banking and investment management Will Amos.

Previously Hoggett was chief executive of DEPFA ACS Bank, an issuer of Irish asset covered securities. She has also worked for JP Morgan.

FCA director of supervision Clive Adamson says: “I am delighted that Julia is joining us – she has a huge amount of industry experience, with an excellent understanding of financial institutions and specific investment banking experience.”

Hoggett says: “I am honoured to be joining the FCA and to be part of the further development of financial market supervision in the UK.”

Her appointment marks the latest in a number of recent senior regulatory hires, including former Kleinwort Benson chief executive Robert Taylor as the FCA’s head of wealth management and former Goldman Sachs managing director James Kelly as an adviser within the FCA’s wholesale banking and investment management division.

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21st February 20182:55 pm

Comments

There are 3 comments at the moment, we would love to hear your opinion too.

Quite simple DH, they are advertised over the lunch table at a very expensive restaurant in London to a very select number of people – i.e the person opposite. The interview process – do you want the Bordeaux or the Chablis?

The biggest problem is surely that she has some experience in the industry, if she knows what happens in the industry wont she start telling the FCA where they are going wrong and what they are doing wrong? That would be complete madness!